TRX to integrate with Solana: Tron’s Justin Sun announces key blockchain partnership

1 month ago 21
TRON (TRX) remains in a bear market despite ongoing election uncertainty

Tron founder Justin Sun has revealed an upcoming collaboration to make TRX available on Solana.

Despite the scarce details, the proposed integration will likely benefit both networks with enhanced cross-chain communications.

TRX will be soon on solana. Ready to buy and collaborate 🤝

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Meanwhile, the collaboration means lucrative opportunities for Tron enthusiasts due to Solana’s efficiency and high throughput.

Why Solana?

Solana has proved to be the most scalable and fastest network, handling thousands of TPS (transactions per second) at cheaper costs.

Its steady DeFi ecosystem and optimistic developers make Solana an attractive network for cryptocurrency projects looking for scalability and compatibility.

TRX’s integration with Solana could enhance Tron’s interoperability and adoption in the growing digital assets space.

It will likely enable cross-chain swaps between the duo, alleviating the need for third parties.

Moreover, direct interactions between Solana and Tron will possibly reduce transaction charges.

Notably, Solana’s top-notch throughput could support Tron’s latest feature for gas-free Tether transactions.

The move signals Sun’s response to the increasing competition in the blockchain sector, ensuring Tron’s long-term relevance in the growing multi-chain industry.

Solana demonstrated its resilience after recovering from its constant network downtimes.

However, Justin Sun’s announcement came as Solana faced increased criticism.

Crypto enthusiasts attacked the platform amid increased pump-and-dump activities due to failed meme token projects.

Scam activities, including the LIBRA case, magnified negativity towards the altcoin.

Also, Solana dominated today’s market trends amid the community backlash due to its controversial advert on X.

The Monday afternoon ad features an American man conversing with a therapist, who says his innovative thoughts signaled rational-thinking syndrome.

The psychoanalyst advised him to consider productive things like a new gender and focus on pronouns.

The community attacked the ad as contentious and dumb due to its political messaging and gender sensitivity.

However, some believe the Solana team wanted to grab attention and make the ad viral, which they did.

TRX and SOL price actions

Altcoins maintained mixed tendencies as Bitcoin stayed below $85K.

TRX was among the tokens with notable gains within the previous day.

The alt gained more than 4% to trade at $0.2236.

The soaring 24-hour trading volume suggests shifts as Tron trims weekly losses to 1.70%.

On the other hand, Solana traded in red, down nearly 5% in the past day to $121 at press time.

Chart by Coinmarketcap

The downside reflects negative sentiments amid the ad criticism.

While awaiting more details about Tron’s integration with Solana, enthusiasts and developers will watch to see how the proposed alliance unfolds.

Justin Sun could set the trend for other blockchains interested in cross-chain communications.

Cardano founder Charles Hoskinson stated that interoperability will drive the blockchain industry in the coming years.

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